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  • Credit Suisse (CS) is being investigated by regulators including the Justice Department and NY State AG Eric Schneiderman over its actions on mortgage-backed securities, Reuters reports. Earlier this week, NY sued JPMorgan Chase (JPM), alleging fraud by its Bear Stearns unit in packaging and selling mortgages. [View news story]
    Yikes, nothing but bad new for Morgan. I thought they would keep a low prophile for a while. Should I sell now before all of this affects their bottom line and stock price?
    Oct 4 10:52 PM | Likes Like |Link to Comment
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